Insurance Understanding Quiz

In what year did the federal government pass the Balanced Budget Act, effectively launching managed care?

• 1997

• 2000

• 2010

• 1995

What role did the primary care physician assume in the managed care system?

• Gatekeeper

• Specialist

• Consultant

• Patient

Which act was designed to reform the health insurance industry in 2010?

• Affordable Care Act

• Balanced Budget Act

• Health Reform Act

• Insurance Modernization Act

In 1979, what percentage of US citizens were covered by private health insurance?

• 85%

• 71%

• 63%

• 68%

By 2009, what percentage of US citizens had private health insurance, a figure that still held in 2017?

• 85%

• 71%

• 63%

• 68%

According to Forbes, what percentage of US citizens had private health insurance in 2004?

• 85%

• 71%

• 63%

• 68%

What percentage of US citizens had private health insurance in 1999?

• 85%

• 71%

• 63%

• 68%

What is the monthly premium cost mentioned in the Insurance 101 document?

• $100

• $200

• $300

• $400

What is the deductible amount listed in the Insurance 101 document?

• $500

• $1,000

• $1,500

• $2,000

What percentage is the co-insurance according to the Insurance 101 document?

• 10%

• 15%

• 20%

• 25%